The yen was back at the top of the currency board last week with risk aversion on account of market uncertainty and the BoJ's inaction. The yen was up 2.72% for the week, as USDJPY hovers near the 104 level. Earlier in the week, the dollar… Read More

The US dollar was one the weakest currency last week, despite the dollar starting off on a firm footing on Monday. The dollar weakened sharply after Friday's jobs report came out worse than expected to leave many to question whether the Fed… Read More

The thing about chart patterns is that they are very subjective. Most of the times, the eye sees what it wants to see. And it is the same with chart patterns as well. What might seem like a head and shoulders pattern to one trader could… Read More

Risk sentiment was mixed this week despite the yen managing to recover from a 17-month low near 108 levels. The yen managed to weaken steadily through the first part of the week with BoJ officials taking a turn to step up pressure. Equities… Read More

It was all about the Japanese yen this week as USDJPY gained bearish momentum sending prices to a 17-month low. The US dollar fell to lows of 107.66Yen on Thursday but managed to recover by Friday's trading on mounting risks that some form… Read More

It was another week of a roller coaster ride for the US Dollar. The much-anticipated speech from Federal Reserve Chairwoman Janet Yellen saw some strong dovish views which sent the US Dollar plunging across the board to close the first… Read More

The US Dollar was in a steady uptrend this week erasing the losses from the previous week. The Greenback fell after last week's FOMC decision to keep rates steady and to lower its rate forecasts. This week, Fed officials speeches saw a… Read More

It was another week of big Central Bank decisions and this time, it was the BoJ, Federal Reserve, SNB and the Bank of England. All Central banks left monetary policy unchanged while waiting to assess more data. Interesting, the BoJ's… Read More

It was a week of Central Bank decisions with the Bank of Canada, RBNZ and the ECB being the main events of the week which saw two rate cuts and a neutral stance. The Bank of Canada decided to leave interest rates unchanged in this month's… Read More

Risk Warning: Trading foreign exchange on margin carries a high level of risk, and may
not be
suitable for all investors. Before deciding to trade foreign exchange, you should carefully
consider
your investment objectives, level of experience, and risk appetite. There is a possibility
that you may
sustain a loss of some or all of your investment and therefore you should not invest money
that you
cannot afford to lose. You should be aware of all the risks associated with foreign exchange
trading,
and seek advice from an independent financial advisor if you have any doubts.